It's always weird when people approach me to make an investment. I tell them, 'I don't need any more money. I'm good.' Then I wait for their expression. That part is entertaining, because people look at you like you're crazy when you say you don't need any more money. Who says that?
The money is of no concern to me, whatsoever. I started out with nothing.
However rich I may have been, I have always lived like a poor man.
Frugality is misery in disguise.
I had a teammate whose motto was, 'If I make a million dollars, I must spend a million dollars.' I was like, 'If I make a million dollars, I'm hoping I can keep a million dollars.'
I've been really frugal with money since way back, so I can't buy something if it's too expensive. I'm not that brave.
Buying something on sale is a very special feeling. In fact, the less I pay for something, the more it is worth to me. I have a dress that I paid so little for that I am afraid to wear it. I could spill something on it, and then how would I replace it for that amount of money?
You can become rich by being cheap but the problem is that even though you are rich, you are still cheap
Frugality is one of the most beautiful and joyous words in the language, and yet one that we are culturally cut off from understanding and enjoying.
Sometimes I feel like I could have been a Depression-era person, just because of my need to make sure that I'm conservative in how I think about money.
I'm not stingy. I'm just afraid of being an easy mark. People wouldn't have money long if they didn't ask how much things cost.
I'm not interested in wasting money on a project.
If you've ever really been poor you remain poor at heart all your life. I've often walked when I could very well afford to take a taxi because I simply couldn't bring myself to waste the shilling it would cost.
Even now, if I am thinking about spending a lot of money on clothing or furniture, I think 'I can't spend so much money on one thing; my poor old Daddy could have raised his family five years on that!'
Being frugal, conscious of making money, is not a negative thing. That sensibility of creating value and finding value and reinvesting in those customers is what separates great restaurants from the average ones.
It is sheer folly when all is gone to lose even one's passage money.
When we do deals, it's not, 'Ah, it's a million bucks, who cares?' The penny means something.
Some guys travel with expensive Louis Vuitton luggage but it gets all scratched up under the plane. I'd rather not spend too much money on something that's just going to get messed up.
When I was a kid, I used to think, 'Man, if I could ever afford all the ice cream I want to eat, that's as rich as I ever want to be.'
No matter how I'm doing financially, the Depression has never disappeared from my consciousness. To this day, I hate waste. When neckties went from narrow to wide, I kept all my old ones until the style went back to narrow.
One of the most difficult things in the world is to convince a woman that even a bargain costs money.
My mantra is if you raise money, don't waste it.
My parents grew up in the Depression. Despite the success that they both had in their lives, there's a certain mentality that tells you to finish all the food that's on your plate and not wasting anything and appreciating what's on the table.
I buy all my perfumes duty free - I think people are fools not to.
Great entrepreneurial DNA is comprised of leadership, technological vision, frugality, and the desire to succeed.
